I think it’s time we eliminate the entire concept of compliance—because, really, what’s the point of it?
There will always be senior leaders who turn a deaf ear to the sound advice of their compliance officers. There will always be multibillion-dollar companies that view bribery as a lucrative means of doing business, not merely a cost of doing business. There will always be those in government who indirectly abet misconduct by continuing to issue slap-on-the wrist settlements to firms whose senior leaders often boldly and stubbornly refuse to learn from mistakes of the past.
